Market slips as investors await Trump inauguration

The local stock market finished slightly lower yesterday as investors stayed on the sidelines while waiting for the inauguration of US President Donald Trump.

- By Richmond Mercurio

The benchmark Philippine Stock Exchange index (PSEi) inched down by 0.04 percent or 2.23 points to end the session at 6,349.89.

The broader All Shares index also closed in the red territory, dipping by 0.02 percent or 0.87 points to 3,702.86.

"Philippine shares started the week on a flat note as the markets watch for incoming President Trump to be sworn in," Luis Limlingan of Regina Capital said.